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How to Setup Branch Office in Oman
Categories Business Setup

How to Setup Branch Office in Oman

The Sultanate of Oman is developing business hubs and they embrace the corporate structures. It's easy to establish the company in Oman, since it has business owners and international investors to operate the business. One kind of option is to establish a branch office. Here you can understand the process to initiate the branch office in Oman.

Branch Office

Branch means the division or extension of a core platform that has the same roots. If a business entity likes to expand their reach to another location, they take a step to establish the extension. This kind of business extension has small divisions focusing on human resource, marketing and accounting, that is known to be a branch office.

Ways to Open the Branch Office in Oman

Lifetime of the branch office at Oman deals with the contractual period of the Omani government entity or can be through a quasi-government entity. If the contract reaches the completion stage, commercial registration goes to the end. Establishing these corporate entities don't need the minimum capital requirements. The administrative set-up is easier if compared with the mother company.

Documents Needed for Opening a Branch Office in Oman

  • Application form to register the Branch Office
  • Memorandum & Articles Of Association Certificates
  • Company Establishment Certificate
  • Authorization letter to the Branch Manager
  • ID copies with authorized signatories
  • Authenticated letter from main office
  • Agreement's signed copy with the Omani government (date of commence, expiry and number of contracts).

Process for Opening a Branch Office in Oman

Submit A Request
The initial step for the request has to get submitted at the Investors Services Department saying that the branch office must be incorporated.
Signing The Application Form
Supporting documents have to be submitted with the duly signed application.
Collect The Application Number
Computerized system generates the application number along with the submission date to forward it to the applicant through the contact details and registered mail.
Check The Application Status
You have to acknowledge the status if the application is rejected or approved or it needs additional information.
Collection of Fee Payment And Certificate
The investor has to pay an amount for collecting the Certificate and registered papers that are needed by the Commercial Registration Office.

Benefits To Set Up The Branch Office In Oman

  • No minimum capital required
  • Branched completely owned by a parent company
  • Liabilities borne for the parent company
  • Less Administrative burdens
  • Gateway to new location
  • Dealing with Omani Government and enhances the goodwill
Tags: Company Formation in Oman, Business Setup Service in Oman, Oman Mainland Company Formation, Company Registration in Oman, Oman Special Economic Zone of Duqm, Oman Free Zone Company Formation
How to Register a Company in DMCC - Dubai Free Trade Zone
Categories Business Setup

How to Register a Company in DMCC – Dubai Free Trade Zone

Dubai Multi Commodities Center is known as DMCC. These can be the highly reputable free zones of Dubai. It is the biggest Free Zone that is 5 times awarded as the "Global Free Zone Of The Year". The company formation in DMCC has been the best to register a business in the Emirate of Dubai. They have 16,000 companies. DMCC has been the home to several large corporations.

DMCC Business Facilities

DMCC is near the area of Jumeirah Lake Towers, where residential and commercial towers can look like a city, that is inside a city. They have 2 metro stations and are convenient to the highways of Dubai. The Palm Jumeirah and Dubai Marina are across the road, while Downtown is just 10 minutes away. You can see offices, business centres, clinics, sport clubs, schools within the same area. DMCC companies have some facilities while you rent during the company formation.
  • Minimally required office space as flexi-desk facility
  • Serviced desk or office
  • Executive office in the business towers of JLT
  • Warehouse of JAFZA free zone
Business activities like professional services or conventional trading ends up with crypto commodities trading. You can open a clinic, shop, retail business, or a restaurant within the JLT area. This makes DMCC free zone company setup the best alternative for the Mainland company. It usually needs a local citizen as the sponsor. You can be the 100% owner of the DMCC. The license holds up to 6 business activities of the same group. It's double the average of the UAE.

DMCC License Costs

The cost for DMCC company set up have these fees:
  • DMCC License
  • One-time registration fees
  • Facility
  • Rent flexi-desk
  • Office
  • Warehouse
DMCC license cost has six related activities which are standard

Types of licenses 

Cost (AED)

Pre-approval 

1,035

License fee

 20,285

Flexi-desk 

17,500

Security deposit

1,000

Establishment card

1,800
One-time registration fee 

9,020

Memorandum and Articles

2,020
Total

52,660
DMCC Company Setup The DMCC company setup usually has 2 to 4 weeks of business activity. Most of the procedure can be remotely done. The shareholder must meet in person to sign the company’s legal documents on the authority’s offices. Company formation of DMCC has to deposit a share capital to the corporate bank account. Free zones are permitted for 60 days after licensing this procedure. The minimum share capital is 50,000 AED.

Documents For The DMCC Business Setup

  • Passport copy
  • Business plan for some activities
  • Utility bill

Some post-registration formalities are

  • Demonstration of company's capital to the DMCC authority
  • Auditors appointment
  • Getting stamp for the share certificates
  • Office inspection if you are in rent
Free zones have promotions for a few times a year. It has substantial discounts for the DMCC company formation.

Dubai Resident Visas

Visas can be valid for owners and employees for almost 3 years. Company owners may not get visa designation of Investors like other zones. But they can top the managerial position. Employees must have the managerial position in the visa to have attested educational certificates. If you apply for the resident visas of DMCC, you have to get health insurance before visa stamping. The insurance processing makes the visa procedure longer. Insurance and visas are taken care of by the business setup consultants of Dubai and are approved by DMCC.

Renewing DMCC License

Company's renewal prices are lower than the incorporation. A one-time registration fee is not charged. You have to pay only for facility fees and for the license. This can make DMCC companies to be reasonable for their maintenance. The company in Dubai multi-commodities center authority can give a number audit report if there is no commercial activity. Business setup consultants of DMCC must carry out the renewal procedure without the personal presence.

Company Amendments

The minor amendments of DMCC must be done remotely. For shares transfer, the personal visit of the owner or the power of attorney is needed. Average cost for the amendment is 4,000 AED. Few amendments are done for free at the license renewal. For instance, business activities can be added or removed if you renew the company. Other amendments are
  • Changing the company name
  • Changing the location
  • Adding or removing the company Manager

DMCC Company Liquidation

Company liquidation of the DMCC authority can be a substantial process. There are few steps to be taken:
  • Final audit
  • Newspaper advertising of company closure
  • Closure of bank account
  • Lease termination
  • Visas cancelation
  • License cancelation
The time frame is usually 2 to 5 months. Government fee can be 10,000 AED. The business setup consultants of DMCC shall take the liquidation as well. DMCC can be the perfect option if you like to open a real office within Dubai of the developed business community. If you start flexi-desk, they expand without the change of place for company registration. The cheaper option for business setup in Dubai can be IFZA or Dubai South.

Benefits of DMCC Company

  • Reputable free zones
  • Wide range of businesses
  • Central location
  • Incentives for Diamond and Gold trading
  • Regulated free zones for opening a bank account.
Ways & How to Start a Business in Oman
Categories Business, Business Setup, Oman

Ways & How to Start a Business in Oman

Like GCC countries, Oman company registration needs the involvement of some steps. Here comes the basic requirements that must be considered.

Oman Company Registration Process

Oman's company registration is the process where the business entities are given a physical platform. There are few steps for starting the process. They are for incorporation and post-incorporation process to follow for opening a company in Oman.

Oman's Incorporation Process

Trade Name
The trade name must relate to business and must be unique. Choose a name and submit its application to the Ministry of Commerce & Industry.
Submission Of Incorporation Documents
It is the initial stage where needed documents are submitted for initiating the incorporation process. Essential documents are:
  • Memorandum and Articles Of Association.
  • Shareholders' Passports And Visas.
  • Certificate of Tax Registration.
  • Shareholders ID card.
  • Filed Company Registration Form.
  • Certificate for Chamber of Commerce & Industry Affiliation.
Opening The Capital Account
When the documents are submitted, the capital account must be opened to deposit the fees of initial incorporation.
Registration With Chamber Of Commerce
You can register with Oman's Chamber of Commerce & Industry for compliance with commercial regulation and rules needed for the corporate in Oman.
Register Your Business
It involves the submission of essentials like:
  • Legalized Opening Forms.
  • Share Capital Certificate.
  • Municipality Approval.

Oman's Post-Incorporation Process

Visa Application
Apply for visa services for your employees, after the incorporation process. You can talk with visa consultants to get the visa services at a faster pace.
Employee Registration
Employees have to be acknowledged for the part of the business entity and the employee's registration must be mandatory under a company name.
Conversion Of Bank Account
Business capital account must be converted to a current account to ease the business transactions. Tags: Company Formation in Oman, Business Setup Service in Oman, Oman Mainland Company Formation, Company Registration in Oman, Oman Special Economic Zone of Duqm, Oman Free Zone Company Formation
Business Setup Service in Dubai Mainland
Categories Business, Business Setup, dubai, DUBAI MAINLAND, uae

Business Setup Service in Dubai Mainland

Dubai has the encouraging environment for business investors and entrepreneurs to thrive. Company formation in Dubai allows organizations to trade inside the local business sectors like the direct businesses. Organizations have to enlist in the Dubai mainland through the Department of Economic Development of Dubai. To save cash and time, you have to complete your business setup process via a professional consultant. Black Swan gives solutions for your business set up in Dubai mainland. We have experienced business consultants at Dubai to give you direction and help you in the company formation process. We offer an UAE local business sponsor to form a company in Dubai's mainland. Dubai's business set up has UAE trade licenses, company enlistment, PRO administrations and government endorsements. Black Swan comprehends to set up a business in Dubai, with zero hassles and at affordable prices making proper connections, professional guidance and expertise. We observe customers' business and necessities and help to give solutions to set up a successful company within the best market cost.

Company Formation Locations of UAE (Dubai)

Dubai is the developed business set up destinations of the world. It has foreign investors and international entrepreneurs to build up their businesses in Dubai. Some popular regions for Dubai's company formation are:
Sheikh Zayed Road
Here the business setup has been a well-esteemed alternative for few businesses. Sheikh Zayed Road flaunts an amazing network and broad horizon that showcase its riches and development of Dubai. Their famous pathway had the portion of world's business pioneers and greatest corporate names of the industry.
Business Bay
This is known to be the focal business area that is ideal for any type of business niche. It has proficient consultancies, monetary areas, hotel industry and retail industry.
Al Qusais
It is located on the edges of Dubai with well developed business set ups. Educational institutes, shopping and clinical centres can be set up in this region. If you register your company in Al Qusais, it can make an economical choice.
Al Quoz
It has enormous garages, warehouses and labour accommodations. This is located on the west side of Dubai between Al Khail Road and Sheikh Zayed Road.
Deira
This is the most suited place for brokers, new businesses, little shops and SMEs. It is loaded with Dubai's customary shops known as souk, that offer business openings for dealers.
Jumeirah
This has residential plots and fantastic tourism sectors providing extravagant business development modules. It offers freehold properties to make SMEs set up companies.
Reasons to Setup a business in Oman Mainland
Categories Business, Business Setup, Oman

Reasons to Setup a Business in Oman Mainland

When registering a company in Oman, Mainland makes benefits to foreign investors like free trade zones, tax exemptions and government special land allotment for prominent International investors and entrepreneurs. Oman has the global playground and macroeconomic environment positioned in 20 main nations of the world based on the World Economic Forum. Oman has venture openings and gigantic business availability. The Ministry of Commerce and Industries search for creative approaches to help business visionaries and businesses to succeed. Oman has an incredible spot to settle as an immigrant family. Public authority makes it simple to settle, offers freehold properties alternatives along with property rights and a protected climate. New guidelines for properties usufruct the mortgage system that permits foreign investors and International entrepreneurs to appreciate long haul properties for supporting the real estate sector. Best in class infrastructure makes it simpler to drive and move to Oman. Oman has a few air terminals to support transport between urban communities.

Process Of Oman's Company Registration

The company registration in Oman has a cycle where the business entity has the actual stage. There are few steps to be followed in this process. Below mentioned are the means identified by the incorporation just like the post-incorporation process to follow when you chose to set up a business in Oman.

Oman Mainland Incorporation Process

Documentation for Oman Mainland Incorporation
Essential documents must be submitted for starting the incorporation process. They are:
  • Certificate of Initial Deposit
  • Identity Card of Shareholders
  • Tax Registration Certificate
  • Filed Company Registration Form
  • Shareholders' Visas and Passport
  • Memorandum and Articles of Association
  • Chamber of Commerce and Industry Affiliation Certificate
Capital Account Opening
As the documents are submitted, the capital account must be opened to deposit the initial incorporation fee.
Incorporation
This step has the submission of essentials like:
  • Municipality Approval
  • Share Capital Certificate
  • Legalized Opening Forms
How to Setup a Business & Register a Company In Dubai Mainland
Categories Business, Business Setup, company, dubai, DUBAI MAINLAND

How to Setup a Business & Register a Company In Dubai Mainland

Setting up a business in Dubai's mainland has been the most profitable opportunity for the foreign investors to turn their entrepreneurial ideas into reality. This can be the preferred destination for investors for registering their business and to sell in the United Arab Emirates market. Various reasons are behind the popularity of companies in Dubai's mainland. It includes the liberation to conduct business operations anywhere in UAE and Dubai. You must follow the standard procedures of mainland business setup in Dubai.

Dubai Mainland License

The mainland business setup of Dubai is called the onshore process of establishing the business. This can give you the chance to run your business at the center of Dubai. You can do business with UAE customers and their world seamlessly. Apply for a license to set up a business in the mainland. Procedures are simple and are quickly done online. Mainland's commercial activities can be governed by the Department of Economic Development (authority responsible to issue the license). The process of Dubai's mainland business setup can be made easy with foreign investors, and the government has a mandatory provision that partners with a local sponsor. The local sponsor has a shareholder that accounts for 51% of company shares and allows you conduct hassle-free business operations with local and government businesses of UAE. But the local sponsor may not be necessarily involved in taking part in decision-making of the company and use the exchange for the fixed annual fee.

Kinds Of License For The Mainland Business Set Up In Dubai

Based on your niche, there are various mainland business licenses available. Main types of permits for the mainland business setup of Dubai are: This license has a plethora of service activities. For instance, you get a professional license to offer medical and counseling services. This license is composed of an extensive range of trading activities. For instance, if you sell the physical products offline or online, you require this license. If you'd set up an industrial or manufacturing business in Dubai mainland, you have to apply for this kind of license.

Legal Structures For Dubai’s Mainland Business Set Up

Different legal structures are permitted to set up a mainland business in Dubai. Your choice of legal framework can depend as per your needs besides your budget or industry.
  • Branch
  • Sole Establishment
  • Limited Liability Company
  • Civil Company
  • Representative Office
  • Subsidiary

Advantages Of Mainland Business Setup in Dubai

If you're having thoughts of setting up a business in the mainland, you get a lot of opportunities. Five core benefits for setting up a mainland business in Dubai are:
  • Exemption Of Taxes
Dubai's mainland business set up allows you to benefit from a complete corporate tax exemption. Plus, the 100% repatriation of profits and capitals if you register the trade name in the mainland.
  • Operation Flexibility
Conducts business activities across UAE with the mainland business set up in Dubai. The business incorporation process is simple and needs only a week for completion.
  • Vast Business Activities
It has multiple legal frameworks and license flexibility across the niches of businesses that are easy to set up a business in Dubai. It can be a salon, tourism, eCommerce or real estate, Dubai has a welcoming approach for everyone. But you need to get permission from the UAE government.
  • Bidding On Government Projects
The advantages of mainland business set up in the UAE grants the permission to bid government projects. So, it's advised to partner along with a local sponsor who is the government official to leverage contacts and upgrade your business to greater heights.
  • Legal Procedures
No need to wait or check with the concerned department to get your business license. The mainland business set up gives hassle-free and fast licensing procedures.

Process Of The Mainland Business Set Up In Dubai

Here are the step by step procedure to set up the Dubai's mainland business:
  • Business Activity
A business activity must be decided to pursue in Dubai’s mainland.
  • Company Structure
As per the business activities needs, you have to select the company structure for the Dubai's mainland business set up.
  • Approval Of Trading Names
A trading name must resonate with your business and target customers. Ignore the use of offensive terms. You can submit the company's document for registration.
  • Business License
The license must be applied for an initial approval for the Dubai's mainland set up at DED.
  • Get Approvals
Apply for the special approvals of business activities. If your Local Service Agent and other documents get finalized, your business license is approved.
  • Visa Application
Apply for the business visa to stay in Dubai. You have to present your documents based on the UAEs mainland business.
How-to-Start-A-Business-In-Dubai-in-a-Professional-way
Categories Business, Business Setup, dubai, How To, uae

How to Start A Business In Dubai in a Professional way

Are you thinking of ways to start a business in Dubai?

Blackswan can help you with a business setup in Dubai, to meet all your needs and also as per the United Arab Emirates Law. Political and economical stability plays a crucial role in the progress of the country or any region. Dubai gives a professional approach to industrial relations and banking systems. Liberal policies can be adopted through the government that are business-friendly. The advantage of the free and open economy opens up large scale investments in Dubai. Dubai's world-class infrastructure facilities related to aviation, telecommunications, transport and energy makes Dubai grasp special attention for the minds of investors. Dubai's proactive and stringent policymaking makes it flawless with abundant development of infrastructure. Dubai's cultural diversity has a large expatriate population, catalyzing Dubai's growth. The company set up in Dubai is not time-consuming. If the approvals and documentation are accomplished, registration of the company takes place within a week. Black Swan can guide you with the formalities and successful fulfilment of optimal business set-up services.

Sponsor

For starting a mainland company in Dubai, you need to find a Sponsor. The sponsor should belong to a UAE national. The sponsor gets the dual role of becoming a sleeping partner and the company's service agent. An investor has to pay their sponsor fee yearly. The sponsor's responsibility can be linked to the business that is signed in the agreement. A "no obligation certificate" is issued by the sponsor as it's essential to start the operations by the investor.

Memorandum Of Association

It's necessary to formulate the company's Memorandum of Association. It has a list of operational guidelines that the company must. follow. Company has to abide by these guidelines:
  • Capital Investment
  • Purpose Of Company
  • Share

Notarizing MOA

A Department of Economic Development must notarize MOA. If MOA is notarized, you can avail of the initial approval. You get the service of the consultant or the lawyer for MOA notarization.

Registration Of Trade Name

Find a suitable Trade name for your company. Then register it under DED. The name can be significant and distinctive to get approved. DED can discard the trade name if it's been already used by another company.

Office Space

A registered address or office space is mandatory for mainland company formation. The address of the registered agent must be provided for Offshore Company Formation.

Application Of Trade License

Once a trade license application is filed, the license is issued by DED related to your business endeavour. Several kinds of trade licenses are Industrial License, Professional License, Tourism License and Commercial License.

License Fee To Remit

License fee is remitted from DED and Commercial Registration Department on final document submission. It takes a week to process the entire company registration. Above mentioned instructions can give a basic idea on ways to set up a business in Dubai. When you're a newbie to business or an investor planning to invest in Dubai, get the company registration tasks to a reliable consultant. Business setup services of Black Swan saves your energy and time in this account. We undertake accounting, company registration, sponsor services and formalities with responsibility and utmost sincerity. We served medium, small and large business establishments in UAE and Dubai, all through the years.
Legal-Corporate-Structure---in-Oman-for-Business-Setup
Categories Business, Business Setup, Oman, Startup

Legal Corporate Structure in Oman for Business Setup

Various company structures have been offered in Oman. You must understand the difference of structure types and models of Oman and make informed decisions based on ownership conditions, needs and requirements. Helpline Group can guide you in this process and you can choose the best company structure for Oman Company Formation. Oman's Company Formation is based on the Laws of Foreign Business and Investment of 1974, Commercial Companies Code and the Commercial Register Law of 1974.
  • Commercial Agencies
  • Limited Liability Company
  • Branch Office
  • Offices of Representative Trade
  • Company of Limited Partnership
  • Holding Company
  • Joint Venture
  • Joint Stock Company / Shareholding Company

Oman's Limited Liability Company Formation (WLL)

WLL or a Limited Liability Company can be the basic form of Oman's business formation. It is used for the small businesses of the country if fixed capital gets divided into equal shares and is registered with the Ministry of Commerce and Industry of a Commercial Register.

Below conditions can be followed for Oman's LLC

  • The minimum of 2 shareholders and maximum of 40 shareholders
  • Liability can be limited for investments
  • Non-specified minimum share capital
  • GCC citizenship is granted for foreign investors and can have the complete ownership of Oman's LLC
  • A minimum of 30% ownership can be mandatory for local partners
  • 100% tax exemptions are allowed for free zone companies
  • LLC's are more suited for Oman's small businesses
  • Minimum of 20000 OMR capital requirements are needed for US, Oman or GCC owned companies
  • Foreign investment companies can hold 150000 OMR

Oman Company's General Partnership

All conditions of LLC are applicable in the general partnership. But partners in a general partnership can have an unlimited business liability that extends partners' wealth which seems risky for the business structure in Oman. It can be easy to register under the Commercial Register, but the general partnership company includes a written agreement of partnership detailing the partner's responsibilities and activities in business. Besides these:
  • Company name should have the name of a partner or partners.
  • General partnership ends if a new partner is added or an existing partner comes out from it.
  • General partnership company concludes if the partnership period gets over.

Oman Company's Limited Share Partnership

Another form of LLC is the Limited Share Partnership in Oman. Besides LLC's conditions and norms, LSPs have few provisions and limitations.
  • There are no limitations to add maximum partners.
  • Limited Share Partnership are registered through the commercial registrar.
  • A minimum of one general partner and one limited partner is needed.
  • General partners can have unlimited liability and responsibility to manage the business.
  • Limited liability is provided for limited partners for their capital contribution and are prohibited to engage in managerial responsibilities and activities.

Oman's Holding Company Formation

Oman's holding company manages and owns other businesses of Oman. This company can own any kind of company in Oman that have limited liability companies and joint-stock companies. The holding companies have 50% ownership or more in companies. The company name should have "Holding Company" at the end name. You must have 2 Million OMR or more in capital for your holding company in Oman. Get in touch with the Helpline Group for information on the set-up of a holding company in Oman.

Joint Stock Company or Shareholding Company in Oman

The shareholding company or joint-stock company in Oman has a system where the fixed amount of capital is distributed from the number of shares of public subscription. Oman's Joint Stock Company needs at least OMR five hundred thousand for capital investment for not intending on offering public subscription of shares. Moreover, if the public subscription gets involved, the capital needs exceed up to 2 million OMR. Shareholders get preemptive rights and they have different needs for companies to follow while setting a joint-stock company in Oman. Their requirements are mandatory like:
  • At least 3 shareholders
  • Maximum 12 and minimum 3 Board of directors
  • Register for Commercial Registrar
  • Get approval from Oman's Ministry of Commerce and Industry
  • Adhere and follow the Muscat Securities Market Law

Oman's Joint Venture Formation

Joint ventures can be formed between businesses of Oman that comprises foreign entrepreneurs and businesses. Though it is legally recognized as a contract form, it won't have legal recognition as their entity. The responsibilities and roles of a joint venture are good as the agreement or contract also their Memorandum of Association. Their beginning and end activities depend on the agreement of involved parties or the Memorandum of Association that have duties and obligations. Contact Helpline Group for getting information on setting up an Oman's Joint Venture.

Oman's Representative Trade Offices

Foreign investors and companies can open representative trade offices in Oman for carrying out their company activities. But such offices are not permitted for the activities of profit-making. The local person must represent their company in Oman. These businesses are suited for business support and customer relationships. You have to present a copy of the Article of Association and the undertaking letter to set up a representative trade office in Oman. The Helpline Group manages these requirements and can set up the representative trade office in Oman.

Oman's Commercial Agents

Commercial agencies represent the parent company in Oman. It is mandatory to have a commercial agent for such businesses. Any foreign business can appoint a local agent to distribute goods and engage with local customers. Local commercial agents must have an Omani company or can be Omani citizens. The commercial agent business needs to get registered with the Ministry of Commerce and Industry and the member of Oman Chamber of Commerce and Industry. Helpline Group assists you to set up a commercial agency in Oman to carry out the business activities.

Oman's Branch Offices

Oman must have their entire owned branches of foreign companies if there is a contract with a government entity in Oman. It is one way to have 100% ownership in Oman that is not suited for government-controlled entities, although branch offices don't need sponsors, local partners or share capital. The branch office setup is valid until the registration period of the contract and permitted to set up the branch office in Oman from the Ministry of Commerce and Industry. You will also be interested on:
Management consultancy license in dubai
Categories Business License, Business Setup, Consultancy Company, dubai

Management Consultancy License In Dubai

The Dubai management consultancy works with clients to manage their goals and resources. Their work revolves with ambitious business leaders that convert their companies into smarter, sharper and better versions. Significant global market challenges and chances make the companies be strategy-focused organizations. A critical aspect is to have the actual strategy that can be applied and executed. If you're starting your business with the management consultancy license in Dubai, your client forms a firm similar to family- own businesses or government institutions that are small and medium-sized companies. This can be the local and international group of companies situated in Dubai.

Details about the Management Consultancy License

The mission of Dubai's management consultancy license is to help the management teams of other organizations to make high levels of economic value and provision answers for the organizations. Business setup in Dubai can be gratifying and the management consultancy business grants solutions to emerging companies of UAE. License Name - Management Consultancy License License Activity Group - Information and marketing, Consultancy - D- management. Activity Code - 741405 License Type - Professional Activity Description: The management consultancy license in Dubai permits various activities like:
  • Administrative consultancy
  • Study organizations to improve performance analysis of their existing organisational problems
  • Make a business plan for improving the production of the form
  • Procedural engineering that lays graphical visualization and relevant document circulation
  • Internal policy formation
  • Develop and restructure the strategic plan for organizations
  • Updating work procedures for the firm
  • Design balanced scorecard for firms
Even though the management company formation in the United Arab Emirates doesn't perform the questionnaire and field surveys before the approval of competent authority. Description: There are activities of Dubai management consultancy license. Also, performs the following for the primary activity of management consultancy license in Dubai.

The Activity Of Market Assessment

This can be an essential task for small and large, as well as for new companies. The business assessment of complex markets is the most challenging job. It needs local knowledge, a wide range of in-house knowledge and evaluation for assisting the market.

The Activity Of Strategy Formation

Any Dubai license holders of management consultancy can assist in strategy formation. You offer clients globally and locally to develop them a strategy. It forms a full plan for the mentioned aspects.
  • Financial policy meeting the owner chances
  • Customer service strategy to achieve financial goals
  • Internal process strategy of client's prospects to meet
  • Business strategy for organization of essential procedures and execution of overall strategy

The Activity Of Balanced Scorecard

Strategy and execution is the basis for using the balanced scorecard (BSC) framework. Less than 10% of policies are effectively implemented globally. Challenges that firms face is to have a balanced and robust strategic management system. BSC operations build a network of targets, goals and creativity to implement their strategy. Scorecard drops down into business at operational levels creating an Enterprise Performance Management System. The other expert area is where the management consultancy firm helps clients.

The Activity Of Business Process Innovation

Management consultancy license holders can assist the client. Some find it more robust to increase clients or improve profitability processes. Organizations put effort into improving their results and process. This can be time-consuming and yields low results. Therefore, many turn towards management consultancy firms in Dubai for profits by refining the working competence and pleasing customer experience. The management consultancy firm in Dubai innovates your business process and improves the organization performance.

The Activity Of Service Excellence

50% of customers get lost by companies within 5 years. Retaining a profitable client as well as finding new one's brings a positive business strategy. With a more competitive market, the client demands high service levels. The client and services depend on each other. If you're starting up a management consultancy in Dubai, you must focus on this activity too. The firms seek expert advice to elevate their service levels. The management consultancy license in Dubai performs the main task to improve the client's performance.
  • Customer segmentation
  • Customer contact analysis
  • Strategy Deployment Road Map
  • Technology assessment
  • Map Evaluation of current customer service levels
  • Customer Service Strategy
  • Applying the exclusive benchmark approach
  • Development of the new Customer Service Strategy
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